Digital Payments Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the digital payments industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected digital payments market growth numbers 2021-2030.
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The Digital Payments Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global digital payments market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Digital Payments Global Market Report 2021 covers digital payments market drivers, digital payments market trends, digital payments market growth rate, digital payments market major players, player-adopted strategies in the market, and digital payments market size.
The global digital payments market is expected to grow from $5058.96 billion in 2020 to $5872.89 billion in 2021 at a compound annual growth rate (CAGR) of 16.1%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The digital payments market is expected to reach $9073.09 billion in 2025 at a CAGR of 11%.
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The report covers the digital payments market segments-
1) By Mode Of Payment: Point Of Sale, Online Sale
2) By End-User Industry: Retail, Banking And Financial Service, Telecommunication, Government, Transportation, Others
3) By Deployment: Cloud, On-Premise
4) By Enterprise: Large Enterprises, Small And Medium Enterprises
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